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Updated over 6 years ago on . Most recent reply

Matthew Spaulding's profile image
Matthew Spaulding's profile image
Matthew Spaulding
  • from Syracuse, New York
  • Member since Mar 26, 2017
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Matthew Spaulding's profile image
Matthew Spaulding's profile image
Matthew Spaulding
  • from Syracuse, New York
  • Member since Mar 26, 2017
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Matthew Spaulding
  • Syracuse, NY
2
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19
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Private Lending & Conventional Mortgage Advice

Refinancing Private Money Lending

Matthew Spaulding
  • Syracuse, NY
Posted
Im interested in using a private money lender to purchase a foreclosure. We'll say for roughly 100k. once i have a loan theough a private money lender, can i refinance using a more tradition style loan and lender such as a bank? Thanks! Matt Spaulding
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Michael Ablan's profile image
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Michael Ablan
  • Real Estate Broker
  • from Watertown, NY
  • Member since May 26, 2016
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Michael Ablan's profile image
Michael Ablan's profile image
Michael Ablan
  • Real Estate Broker
  • from Watertown, NY
  • Member since May 26, 2016
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Michael Ablan
  • Real Estate Broker
  • Watertown, NY
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Michael Ablan
  • Real Estate Broker
  • Watertown, NY
Replied

Yes, but you typically need to season for 6 months unless you get lucky and find a portfolio lender or if you decide to go commerical.

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